Binance Coin (BNB) Price News: Market Cap Reaches Milestone, Ranks 191st Globally

BNB market cap hits $112.2B, overtaking DBS Bank and Strategy in global rankings. Price climbs to $808.69 despite lower trading volume, showing strong market resilience. RSI and MACD indicate bullish momentum with potential short-term consolidation. Binance Coin (BNB) just hit a major milestone, reaching a market capitalization of $112.2 billion to flip both DBS Bank and Strategy. This move now places BNB as the 191st largest asset in the world by market cap, a clear sign of its growing presence in the global financial market. Currently, BNB trades at $808.69, marking a 2.31% increase over the last 24 hours. The coin holds the fifth position in overall crypto market capitalization, with a total value of $112.64 billion, recording a 2.3% rise. Despite the price increase, BNB’s 24-hour trading volume declined by 3.92%, totaling $2.28 billion. This sets the volume to market cap ratio at 2.02%, showing relatively moderate trading activity compared to its market size. The token’s total and circulating supply both stand at 139.28 million, meaning all available coins are in circulation. BNB does not have a maximum supply cap. What’s fueling this? This milest… The post Binance Coin (BNB) Price News: Market Cap Reaches Milestone, Ranks 191st Globally appeared first on Coin Edition .

Source: Coin Edition